PALL MALL AND WOODCOTE PARK CLUBHOUSES LIMITED
Company number: 01424400
Reporting period:
1 July 2018 to
31 December 2018
This report was filed on 21 January 2019
and approved by Miles Wade CBE
Payment statistics
Average time taken to pay invoices: 19 days
Invoices paid:
- within 30 days: 87%
- in 31 to 60 days: 7%
- in 61 days or more: 5%
Invoices due but not paid within agreed terms: 13%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
Answer not provided
Standard payment terms
Our terms do not identify a specific payment period, but it has historically been communicated with suppliers as being 30 days.
Were there any changes to the standard payment terms in the reporting period?
Answer not provided
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
30 days
No further comment provided
Any other information about payment terms
N/A
Dispute resolution process
The parties will seek to resolve any dispute by its escalation to various levels within the organisational structures of the parties. There shall be three levels of escalation, and at each level each party will make available for the purposes of the dispute resolution procedure an appropriate representative most closely matching the role description. In the first instance the person with day to day responsibility for the contract will attempt to resolve the dispute. This will then be escalated to the person with managerial responsibility for overseeing the contract. Finally, the dispute will be escalated to the person with senior managerial responsibility for the general contracting activities of the party.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
No
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
No
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No